South Africa’s VAT Not Increasing to 15.5%
If you’ve been keeping an eye on the news (or your grocery receipt), you may have heard—South Africa’s Value-Added Tax (VAT) is likely to increase to 15.5%, effective 1 May 2025.
If you’ve been keeping an eye on the news (or your grocery receipt), you may have heard—South Africa’s Value-Added Tax (VAT) is likely to increase to 15.5%, effective 1 May 2025.